Re:Troubles Mount for the We Company as Softbank Reportedly ...
by dboreham on Tuesday September 10, 2019 @10:09AM
(#20928346)
I came here to post the opposite: cancellation of frothy IPOs is a good sign of a coming downturn, isn't it?
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Re:Troubles Mount for the We Company as Softbank Reportedly ...
by mikestew on Tuesday September 10, 2019 @10:25AM
(#20928548)
The market currently appears to be saying, “ya know, if we were in a bubble, I might buy your stinky shit. But because we’re not in a bubble, and I have no great FOMO, I’m going to take a pass on your stinky turd of an IPO.”
Another way of looking at it, anyway. I have no insight one way or the other.